Government spending vs. GDP in Colombia
Colombia: Government spending vs. GDP was 62.45 billion constant 2015 US$ in 2025. ◆ Volatile
Government spending vs. GDP in Colombia, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for government spending vs. gdp in Colombia is 62.45 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 7.1% on the previous year and up 43.7% over ten years.
Over the whole period, government spending vs. gdp in Colombia peaked at 62.45 billion constant 2015 US$ in 2025 and was at its lowest, 2.02 billion constant 2015 US$, in 1960.
Colombia ranks 34th of 163 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.56 billion constant 2015 US$ | 2.02 billion constant 2015 US$ | 3.07 billion constant 2015 US$ | 10 |
| 1970s | 4.55 billion constant 2015 US$ | 3.35 billion constant 2015 US$ | 5.93 billion constant 2015 US$ | 10 |
| 1980s | 7.87 billion constant 2015 US$ | 6.68 billion constant 2015 US$ | 9.74 billion constant 2015 US$ | 10 |
| 1990s | 15.49 billion constant 2015 US$ | 10.04 billion constant 2015 US$ | 22.23 billion constant 2015 US$ | 10 |
| 2000s | 25.61 billion constant 2015 US$ | 22.17 billion constant 2015 US$ | 30.97 billion constant 2015 US$ | 10 |
| 2010s | 41.94 billion constant 2015 US$ | 32.59 billion constant 2015 US$ | 51.85 billion constant 2015 US$ | 10 |
| 2020s | 57.28 billion constant 2015 US$ | 51.45 billion constant 2015 US$ | 62.45 billion constant 2015 US$ | 6 |
Countries ranked near Colombia
- 31 United Arab Emirates 68.48 billion constant 2015 US$ compare
- 32 Iran 68.40 billion constant 2015 US$ compare
- 33 Finland 66.75 billion constant 2015 US$ compare
- 35 Malaysia 59.37 billion constant 2015 US$ compare
- 36 Iraq 57.14 billion constant 2015 US$ compare
- 37 Chile 48.82 billion constant 2015 US$ compare
More economy & growth data for Colombia
- External balance on goods and services as a percent of GDP -5.4% (2025)
- Inflation of consumer prices 5.1% (2025)
- GDP per capita 6,976 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.9% (2025)
- Gross domestic product (GDP) 372.67 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,976 constant 2015 US$ (2025)
- DEC alternative conversion factor 4,053 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 65.68 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 16.20 billion current US$ (2025)
- Taxes less subsidies on products 181.46 trillion current LCU (2025)
Frequently asked questions
- What is government spending vs. gdp in Colombia?
- Government spending vs. gdp in Colombia was 62.45 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest government spending vs. gdp recorded in Colombia?
- The highest recorded value was 62.45 billion constant 2015 US$ in 2025.
- What is the lowest government spending vs. gdp recorded in Colombia?
- The lowest recorded value was 2.02 billion constant 2015 US$ in 1960.
- How does Colombia rank for government spending vs. gdp?
- Colombia ranks 34th out of 163 countries with data for 2025.
- Is government spending vs. gdp rising or falling in Colombia?
- Over the last ten years it is up 43.7%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.